Blue Moon Metals (CVE:MOON) Stock Passes Above 200-Day Moving Average – Time to Sell?

Shares of Blue Moon Metals Inc. (CVE:MOON) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.91 and traded as high as C$3.75. Blue Moon Metals shares last traded at C$3.53, with a volume of 81,500 shares changing hands.

Blue Moon Metals Price Performance

The stock has a market cap of C$223.29 million, a PE ratio of -386.46 and a beta of 1.76. The stock’s fifty day moving average is C$1.95 and its 200-day moving average is C$0.91.

Insider Buying and Selling at Blue Moon Metals

In other Blue Moon Metals news, Director Christian Peter Kargl-Simard bought 20,000 shares of Blue Moon Metals stock in a transaction on Tuesday, April 22nd. The shares were bought at an average price of C$3.51 per share, for a total transaction of C$70,168.00. Insiders have bought 37,350 shares of company stock worth $113,409 in the last ninety days. 29.61% of the stock is owned by insiders.

About Blue Moon Metals

Blue Moon Metals Inc, an exploration stage company, engages in the exploration and development of mineral resource properties in Canada and the United States. The company primarily explores for zinc, copper, silver, and gold deposits. It primarily holds 100% interests in the Blue Moon zinc property that comprises patented and unpatented lode mineral claims totaling 445 acres in Mariposa County, California; and Yava base metals property, which includes two mineral leases totaling 1,280 hectares located in Nunavut.